EGX | Egypt Oil & Gas - Part 3

Enppi IPO Delayed to End of 2018

The initial public offering (IPO) of 24% of the Engineering for the Petroleum and Process Industries (Enppi)’s stakes in the Egyptian Exchange Market (EGX) will take place at the end of 2018, said Mohamed Hathout, Hea...

AMOC Invited to Cross List on Dubai Exchange

Nasdaq Dubai proposed that Alexandria Mineral Oils Company (AMOC) cross list some of its shares on the Dubai stock market, sources told Al Mal News. Offering shares on the Dubai exchange in addition to the Egyptian St...

MPC Listing in EGX to Start in Two Months

The initial public offering (IPO) of Misr Petroleum Company (MPC), which is working under the umbrella of the Ministry of Petroleum and Mineral Resources, will start in two months as the company has already been evalu...

National Drilling to Regularize Status in the EGX

National Drilling Company announced that it will commit itself to regularize its status in the Egyptian Exchange (EGX) upon the letter of Egyptian Financial Supervisory Authority within 6 months, reported Al Mal News....

Egypt to List 24% of Enppi in EGX

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the government agreed on listing 24% of the shares of Enppi in the Egyptian Stock Exchange Market (EGX), reported Amwal Al Ghad....

Egypt Seeks EGP 6b from Stake Selling

Egyptian Minister of Finance, Amr El Garhy, stated that the North African Country plans to receive EGP 6b out of selling state-owned firms’ stakes in the Egyptian Stock Exchange (EGX) during fiscal year 2017/201...

Petroleum Ministry to List 3 Government Oil Companies on EGX in 2015

Egyptian Minister of Petroleum Sherif Ismail announced that Egypt will choose a local investment bank during the third quarter of the current year to list 3 companies on EGX before the end of 2015, reported Reuters. “...

Update: Joint Stock Power Companies May Be Listed on EGX

The ministerial Economic Group approved initiating an Egyptian joint stock company for projects adding units of generating electricity to meet the summer demand. The Economic Group has also left open the possibility t...

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